Cantor Fitzgerald Reiterates Overweight on Mind Medicine, Maintains $7 Price Target
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Charles Duncan has reiterated an Overweight rating on Mind Medicine (NASDAQ:MNMD) and maintained a $7 price target.
August 22, 2023 | 1:56 pm
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Cantor Fitzgerald has reiterated an Overweight rating on Mind Medicine, maintaining a $7 price target.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates a positive outlook for Mind Medicine. The maintained price target of $7 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100